Labels do all the work folders do and give you an extra bonus: you can add more than one to a conversation. Once you've created a label, you can view all the messages with that label by searching, or by clicking the label name along the left side of any Gmail page. You can easily create, edit, and delete existing labels. Here's how:
To create a label:
Use the Move to drop-down menu or the keyboard shortcut v if you want to apply a label to a message and move it to that label at the same time.
Learn the basics of using labels to better organize your mail.
Source Google. View a brief demo
To create a label:
- Click the Labels drop-down menu or if you have keyboard shortcuts enabled, type l.
- Select Create new.
- Type the name of your new label and click Ok
- Click the Labels menu or type l with keyboard shortcuts enabled.
- Select Manage labels
- Click rename next to the label you want to edit.
- Enter the new label name, and click OK.
- Click the Labels menu or type l with keyboard shortcuts enabled.
- Select Manage labels
- Click remove next to the label you want to delete.
- Confirm that you'd like to remove the label by clicking OK.
Use the Move to drop-down menu or the keyboard shortcut v if you want to apply a label to a message and move it to that label at the same time.
Learn the basics of using labels to better organize your mail.
Source Google. View a brief demo